XAUUSD: Will continue to rise, buy on pullbacks

2024年11月20日

Yesterday, the gold price rebounded again after the correction to 2621, and the highest price reached 2641. It coincides with our idea. Our strategy is to wait for the correction to buy bullish, but the only drawback is that the point did not reach our predetermined position of 2615.

Now the gold price has returned to around 2620 again, and gradually showed signs of stabilization. I think it is possible to buy near this area again today, with the target set at the previous high of 2650 and 2680

2024年11月20日

交易進行

Very good, as expected, the gold price started to rebound near 2620, and the current price is 2634. You can pay attention to the resistance at 2640, and you can take profits in advance depending on the situation.

2024年11月20日

交易結束：目標達成

The gold price still failed to break through the process of hitting 2640 again. If it cannot break through here, it may fall. Therefore, I don’t want to continue to take the risk and persist. Now the gold price is in the 2634-2635 area. I have taken profits in advance and locked in the profits first.

2024年11月20日

註釋

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2024年11月21日

註釋

Gold shows a divergence pattern, pay attention to the risk of callback